Casey Bond, Yahoo Finance Banking Lead Editor and Content Strategist, joins Wealth! to discuss what happens when your credit card gets a new issuer. "In theory, this should be a fairly seamless transition. The new issuer will send you a new card with a new number, and that's the one that you're going to use going forward," Bond explains. However, there could be some changes to your new credit card account. New issuers cannot raise the interest rate in your existing balance. However, if you make new purchases on the card, they could potentially raise the rate. If they do so, they must provide 45 days' notice. Other changes can be seen in minimum payments and fees, which also require 45 days' notice. Rewards can also be impacted as well as locations where your credit card is accepted. Bond points to American Express and Discover cards being less widely accepted as opposed to Visa and Mastercard. Watch the video above to hear her top tips for making the transition between credit card issuers easier.
#youtube #NEWS #creditcard
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple ( or Android (
- Follow Yahoo Finance on social:
X:
Instagram:
TikTok:
Facebook:
LinkedIn:
|
FOX Business hosts covered this week’s m...
FOX Business' Darren Botelho joins 'Morn...
The California dream is dead for local b...
FOX Business' Madison Alworth reports on...
Teen summer hiring is hitting a record s...
Nvidia founder and CEO Jensen Huang expl...
OutKick founder Clay Travis discusses Bi...
Blueberries have grown wild in Maine for...
✅画面に表示される株価・指数などの数値は【2026年5月22日放送時点】のもので...
✅画面に表示される株価・指数などの数値は【2026年5月21日放送時点】のもので...
From jet fuel to fertilizer, the Iran wa...
Vanilla is so valuable that it's been ca...
Euphoria Season 3 is finally here after ...
America’s economy continues to soar, def...
Nvidia is still not including China in its revenue outlook.
Nvidia is uncertain if any imports will ...
LIVE Now: Expert coverage of Nvidia's Q1 earnings
#yahoofinance #business #stockmarket #nv...
Yahoo Finance Live: Daily Market Coverage - May 21, 2026 3PM - 5PM (ET
#yahoofinance #business #stockmarket 3...
LIVE: The Daily Wolf with Scott Melker
#Crypto #Bitcoin #CryptoNews #Investing ...
Yahoo Finance Live: Daily Market Coverage - May 21, 2026 9AM-11AM (ET)
#yahoofinance #business #stockmarket 9:...
Nvidia is still not including China in its revenue outlook.
Nvidia is uncertain if any imports will ...
LIVE Now: Expert coverage of Nvidia's Q1 earnings
#yahoofinance #business #stockmarket #nv...
Yahoo Finance Live: Daily Market Coverage - May 21, 2026 3PM - 5PM (ET
#yahoofinance #business #stockmarket 3...
LIVE: The Daily Wolf with Scott Melker
#Crypto #Bitcoin #CryptoNews #Investing ...
Yahoo Finance Live: Daily Market Coverage - May 21, 2026 9AM-11AM (ET)
#yahoofinance #business #stockmarket 9:...